NOT LISTED FOR SALE

447 Lewisberry Rd New Cumberland, PA 17070

-- Bed
6 Baths
-- Sq Ft
0.72 Acres

Last Sold October 10, 2017

Last sale price $240,000

Highlights

  • No HOA
  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Fairview Elementary School Rated A-

About This Home

As of October 2017

Excellent Investment Opportunity and Attractive Cap Rate. 5 Unit Multi Family in an Good Location; convenient to major transportation. Healthy Net Operating Income with the potential to increase rents and reduce margins. Public Sewer/Public Water. Plenty of off street parking for tenants. Currently fully leased.

Last Agent to Sell the Property

Edwin Tichenor

(717) 585-2626 edwintrealty@gmail.com Turn Key Realty Group License #AB068820 Listed on: 07/24/2017

Last Buyer's Agent

Jon Judson

(717) 580-4839 c21judson@gmail.com ADP Realty & Property Management LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 0.72 Acre Lot

Parking

  • Off-Street Parking

Home Design

  • Fiberglass Roof
  • Asphalt Roof

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Central Air
  • Heat Pump System
  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for electricity, hot water
  • The owner pays for insurance, real estate taxes
  • Assessor Parcel Number 6727000RF00840000000

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • Electric Expense $300
  • Insurance Expense $1,262
  • Maintenance Expense $1,000
  • Trash Expense $1,020
  • Operating Expense $11,356
  • Net Operating Income $27,584

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1956
  • Remarks Public: Excellent Investment Opportunity and Attractive Cap Rate. 5 Unit Multi Family in an Good Location; convenient to major transportation. Healthy Net Operating Income with the potential to increase rents and reduce margins. Public Sewer/Public Water. Plenty of off street parking for tenants. Currently fully leased.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Street Number Modifier: 447

Exterior Features

  • Construction Completed: No
  • Roof: Fiberglass, Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Wall Unit, Window Unit(s)
  • Cooling: Yes
  • Electric Expense: 300.00
  • Heating Fuel: Electric
  • Heating Type: Baseboard, Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 2720.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: WEST SHORE
  • School District Key: 300200396678

Lot Info

  • Lot Size Acres: 0.72
  • Zoning Description: Apartment

Rental Info

  • Lease Term: Month To Month
  • Owner Pays: Insurance, Taxes - Real Estate
  • Tenant Pays: Electricity, Hot Water
  • Vacation Rental: No

Multi Family

  • Gross Income: 38940.00
  • Operating Expense: 11356.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3
  • Vacancy Allowance Rate: 5.00

Tax Info

  • Tax Annual Amount: 6014.00
  • Assessor Parcel Number: 6727000RF00840000000
  • Tax Year: 2017
  • Close Date: 10/10/2017

MLS Schools

  • School District Name: WEST SHORE

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2017 10/10/17 Sold $240,000 +4.8% --
09/02/2017 09/02/17 Pending -- -- --
07/24/2017 07/24/17 For Sale $229,000 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Edwin Tichenor

    Seller's Agent in 2017

    Edwin Tichenor

    Turn Key Realty Group

    (717) 585-2626

    6 in this area

    174 Total Sales

    Edwin Tichenor
    Section Image
  • Jon Judson

    Buyer's Agent in 2017

    Jon Judson

    ADP Realty & Property Management LLC

    (717) 580-4839

    55 Total Sales

    Jon Judson
    Section Image
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Map

Source: Bright MLS

MLS Number: 1002666061

Bright MLS
Pennsylvania York County New Cumberland 17070

447 Lewisberry Rd, New Cumberland, PA

This home is located at 447 Lewisberry Rd, New Cumberland, PA 17070 since 24 July 2017. This property was built in 1956. 447 Lewisberry Rd is a home located in York County with nearby schools including Fairview Elementary School, Allen Middle School, and Cedar Cliff High School.

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